. the president readbillclinton's secondinaugural. >> will we all come together or come apart? >> reporter: and abraham lincoln's, delivered to a nation divided by civil war. >> with malice toward none, with charity for all. >> reporter: a third theme, renewing our commitment to the values of our founding fathers. perhaps it's surprising the president found inspiration in the words of this former a adversa adversary. >> there can be no human rights without human liberty. >> reporter: aides tell us that, although the president disagrees with mr. bush's policy, he's moved by the speech's democratic principles. >> freedom by its nature must be chosen and defended by citizens. >> reporter: a message, aides say, the president will echo today, as he did at the white house last week. >> that most fundamental set of rights, to life and liberty and the pursuit of happiness. those rights are at stake. we're responsible. >> reporter: of all his predecessors, the president says he is most inspired by president lincoln. >> that government of the people, by the people, for the people shall not perish fr

clintonandgeorge w. bush as the third consecutive two-term president. when he takes the oath of office for the second time in the last 24 hours. >> i, barack hussein obama, do solemnly swear -- >> that i will faithfully execute. >> that i will faithfully execute -- >> the office of the president of the united states. >> the office of the president of the united states. >> that makes a total of four oaths of office. today east ceremony on martin luther king employing bibles by martin luther king and president lincoln. an address down the mall toward lincoln's memorial where dr. king gave his most famous speech. to spell out the country his vision for the next four years. it is america's quadrennial celebration of the office of the presidency, the orderly transition of power, the luminaries, the singers, the salutes, the speech, the pomp, the circumstance, the second inauguration of president barack obama starts right now. >>> welcome to washington. it is chilly but frankly bearable outside as the country prepares to celebrate the peaceful maintenance of power, the transferns of power fr

it tobillclintonfor eight years.billclintonwassmart enough crafty enough to find a way to rise above and beat us at every turn. he did it by continuing to reach out. i always say when i was a lawyer, i had pictures after congress, all these pictures of bill clinton with much appreciation. it would drive my law partners crazy. appreciation for what? you impeached him. i said yeah, those were the days. you got to reach out. >> here's a question i don't think any of us can answer. only the president can answer. can he utilize the power, the threat of power of the presidency the way lyndon johnson did with regard to resolutions during the course of the vietnam war? one senator voting against him, not being with him. frank church had voted against the vietnam war. lyndon johnson says the next time you want to damnen your district call frank church. can barack obama utilize the inherent power of that office? >> if he has personal relationships -- lyndon johnson had remarkable relationships. they knew when lyndon called lyndon meant business. the president needs to

to give you some other news this morning as well. abouthillaryclinton, thesecretary of state testifying before congress about what happens in benghazi, libya. here is a small piece by the associated press in this morning's washington post. and in the washington times and the politics section, congress will vote on pork. the influential club for growth on monday said it will seek to punish lawmakers who support the 51 billion package because it includes wasteful spending that has nothing to do with reconstruction efforts in the northeast. and there will be several amendments to that legislation. we will have our coverage of the floor on c-span if you want to watch that debate. in an "new york times this morning, featuring marco rubio and his plan for immigration reform. the headline is that he pushes his party on immigration changes and is taking a leading role among republicans on proposals to overhaul the immigration system. and evangelical groups are also pushing for changes to u.s. immigration laws. a small piece in the washington times. in other news this morning, on the supreme cou

on social security, medicare and medicaid. medicare and medicaid will bankrupt us, askbillclinton's formerkeefe of staff, erskine bowls. it will bankrupt us, ask the concord coalition. it will bankrupt us, pete peterson will tell you the same thing. we're in trouble as a country. republicans and democrats, let them fight these social issues out all they want, they have to come together, though, on saving social security, saving medicare, saving medicaid and saving this country from an economic meltdown. we're not far away. katty, i criticized george w. bush for eight years for massive reckless spending. he allowed the federal debt to go up 6 trillion dollars during two terms. barack obama allowed it to go up six trillion dollars over one term m. that just continues moving forward. we can't afford this anymore. >> right. you can't afford the european model, which has imposed massive austerity and kill growth when the country is still-the-you have a long term problem of deficit and long term problem of the country of growing inequality i think is something the president was trying to addres

aggressive continuation of the campaign. they're going to hear a repudiation ofbillclinton's theera is over. they'll hear no, no, we need more big government. what we've been about, if you ask the american people, president obama should focus on something, would it be equality or economic renewal, most americans would say economic renewal. >> do you think he won't be focusing on it because he spoke about equality today? >> well, not because he spoke about equality today. it is because he elevated it as a central theme of his presidency and he said that without that, there is no progress. no economic -- that comes morally and i think linearly first. that's not i think what the american people would think. >> but here's what i think is actually happening. the trickle down economic model that says, when the wealthy do well, everybody else will do better. i think it has been discredited. i think what obama firmly believes is that the economy grows from the middle class out. so therefore, it used to be the case you would say either you're concerned about growth or about equality. i think